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20130819
20130819
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CNBC
Aug 19, 2013 1:00pm EDT
into us a. you know, what's going on here? >> there is this big argument over whether a bank is too big to fail and in jpmorgan's case the argument is, is a bank too big to manage? there's a growing sense washington is trying to find issues to try to prove that jpmorgan or other big banks like that are too big to manage because you can't control, you can't watch that closely everything that's going on in every single arm. the other thing is investigations beget more investigations. what does that mean? jpmorgan has been under so much fire that the government and virs regulators have placed monitors from various consulting firms inside the bank. the more people you actually have from the government inside your four walls monitoring what you do, the more things -- >> they may find. >> exactly. >> mr. dimon has said i have more people from the u.s. government in my four walls than anybody else. an awful lot of charges in other cases have been for failure to supervise. >> right. >> and that goes to that question of scale and whether something is too big to supervise, right? >> that's right.
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